^MID - S&P MID CAP 400 INDEX

NYSE - NYSE Delayed Price. Currency in USD
1,862.83
+9.26 (+0.50%)
At close: 4:03PM EDT
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Previous Close1,853.57
Open1,863.54
Volume0
Day's Range1,856.03 - 1,868.23
52 Week Range1,565.98 - 2,053.00
Avg. Volume0
  • TheStreet.comlast month

    Indonesian Election a Market-Friendly Vote Against Religious Extremism

    After India kicked off the world's largest exercise in democracy last Thursday, on Wednesday it is Indonesia's turn. The largest Muslim-majority nation is taking part in the world's largest direct election of a president. Indonesia, with just the 193 million voters compared with India's 900 million, has no electoral-college complexities like the United States, and appoints its president straight into office.

  • Have US Equity Indexes Made Oil’s Fall Sharper?
    Market Realist3 months ago

    Have US Equity Indexes Made Oil’s Fall Sharper?

    What Drove Your Energy Portfolio This Week?(Continued from Prior Part)US equity indexes On January 31–February 7, US equity indexes had the following correlations with US crude oil March futures: the Dow Jones Industrial Average (DIA): 20.5% the

  • Will Natural Gas Rise from Almost a Ten-Month Low?
    Market Realist4 months ago

    Will Natural Gas Rise from Almost a Ten-Month Low?

    Will Natural Gas Rise from Almost a Ten-Month Low?Natural gasOn February 5, natural gas March futures rose 0.1% and settled at $2.66 per MMBtu (million British thermal units)—the second-lowest closing level since April 19. However, with the EIA

  • Will US Crude Oil Maintain the $54 Level on February 5?
    Market Realist4 months ago

    Will US Crude Oil Maintain the $54 Level on February 5?

    Will US Crude Oil Maintain the $54 Level on February 5?US crude oilOn February 4, US crude oil prices fell 1.3% and settled at $54.56 per barrel. On the same day, US crude oil active futures made an intraday high of $55.75—the highest level since

  • Analysts Might Have Helped Oil’s Rise
    Market Realist4 months ago

    Analysts Might Have Helped Oil’s Rise

    What Helped Your Energy Portfolio?(Continued from Prior Part)US equity indexesOn January 24–31, US equity indexes had the following correlations with US crude oil March futures:the Dow Jones Industrial Average (DIA): 74.4%the S&P 500 (SPY):

  • Natural Gas Is Heading for More than a Four-Month Low
    Market Realist4 months ago

    Natural Gas Is Heading for More than a Four-Month Low

    Natural Gas Is Heading for More than a Four-Month LowNatural gasOn January 30, at 6:05 AM EST, natural gas March futures fell 1.7% from the last closing level. The natural gas March futures were at $2.866 per MMBtu (million British thermal units).

  • Weakness in Wall Street and Oil Dragged on Energy ETFs
    Market Realist4 months ago

    Weakness in Wall Street and Oil Dragged on Energy ETFs

    Your Energy Review for the Week Ended January 25(Continued from Prior Part)US equity indexes Between January 18 and January 25, US equity indexes had mixed performances. The S&P Mid-Cap 400 (IVOO), the Dow Jones Industrial Average (DIA), and the

  • Why Wall Street Might Be Dominating Oil’s Moves
    Market Realist4 months ago

    Why Wall Street Might Be Dominating Oil’s Moves

    Why the Energy Portfolio Didn't Match Oil's Gains This Week(Continued from Prior Part)US equity indexesOn January 17–24, US equity indexes had the following correlations with US crude oil March futures:the S&P Mid-Cap 400 (IVOO): 95.6%the

  • Oil and Wall Street Pushed Energy ETFs Higher Last Week
    Market Realist4 months ago

    Oil and Wall Street Pushed Energy ETFs Higher Last Week

    Your Energy Review for the Week Ended January 18(Continued from Prior Part)US equity indexes Between January 11 and January 18, US equity indexes rose. The S&P Mid-Cap 400 (IVOO), the Dow Jones Industrial Average (DIA), and the S&P 500 Index

  • Have Oil and Wall Street Moved Together?
    Market Realist4 months ago

    Have Oil and Wall Street Moved Together?

    Broader Market Supported the Energy Portfolio(Continued from Prior Part)US equity indexesOn January 10–17, US equity indexes had the following correlations with US crude oil March futures:the S&P 500 (SPY): 95.5%the Dow Jones Industrial

  • Is the Sharp Rise in Natural Gas Sustainable?
    Market Realist4 months ago

    Is the Sharp Rise in Natural Gas Sustainable?

    Is the Sharp Rise in Natural Gas Sustainable?Natural gasOn January 15, natural gas February futures fell 2.5% and settled at $3.50 per million British thermal units. On January 16, at 7:37 AM EST, natural gas prices have risen by 1.7 cents from the

  • Oil’s Rise Wasn’t the Only Driver of Energy’s Score Last Week
    Market Realist4 months ago

    Oil’s Rise Wasn’t the Only Driver of Energy’s Score Last Week

    Energy's Performance Last Week—and What's on the Agenda This Week (Continued from Prior Part) ## US equity indexes Between January 4 and January 11, US equity indexes rose. The S&P Mid-Cap 400 (IVOO), the S&P 500 Index (SPY), and the Dow Jones Industrial Average (DIA) rose 4.7%, 2.5%, and 2.4%, respectively. Energy stocks make up 5.1%, 5.9%, and 5.2% of these indexes, respectively. ## Oil, the broader market, and energy ETFs Last week, US crude oil February futures rose 7.6%, while the Energy Select Sector SPDR ETF (XLE) rose 3.6%. XLE rose the fourth-most among sector-specific SPDR ETFs. In addition to oil’s rise, broader market indexes may have had a significant role in XLE’s rise. Equity indexes have recovered due to China-US trade talks.  However, the factors we discussed in the previous article could be a concern for these equity indexes. Last week, the Industrial Select Sector SPDR ETF (XLI) rose 4.2%—the most among sector-specific SPDR ETFs. The Consumer Staples Select Sector SPDR ETF (XLP) rose 0.7%—the least among sector-specific SPDR ETFs in the week that ended on January 11. All sector-specific SPDR ETFs rose last week. ## Energy ETFs Last week, major energy subsector ETFs’ performances were as follows: * The VanEck Vectors Oil Services ETF (OIH) rose 7.8%. * The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) rose 6.2%. * The VanEck Vectors Oil Refiners ETF (CRAK) rose 2.1%. * The Alerian MLP ETF (AMLP) rose 1.9%. The broader market’s and oil prices’ rises may also have been behind these energy ETFs’ rises last week. Continue to Next Part Browse this series on Market Realist: * Part 1 - The China Factor Could Drag on Oil This Week * Part 3 - These Upstream and Oilfield Stocks Outperformed Energy Last Week * Part 4 - A Look at the Biggest Falls in Energy Last Week

  • Broader Market Might Have Pushed Oil Higher
    Market Realist4 months ago

    Broader Market Might Have Pushed Oil Higher

    What's Impacting Your Energy Portfolio Gain? (Continued from Prior Part) ## US equity indexes On January 3–10, US equity indexes had the following correlations with US crude oil February futures: * the S&P Mid-Cap 400 (IVOO): -42.1% * the S&P 500 (SPY): -42% * the Dow Jones Industrial Average (DIA): -36% These three equity indexes have exposure of ~5.1%, ~5.9%, and ~5.2% to the energy sector, respectively. The equity indexes rose 8%, 6.1%, and 5.8%, respectively, in the trailing week. US crude oil February futures rose 11.7% during this period. ## Oil’s rise and equity indexes The correlations indicate an inverse relationship between oil and these US equity indexes. However, the rise in these equity indexes because of the US-China trade talks might have caused oil prices to rise. Last month, the fall in US equity indexes made oil fall sharper. On January 3–10, the Energy Select Sector SPDR ETF (XLE) rose 7.7%—the third-largest gainer among the SPDR ETFs that break the broad market into subsectors. The rise in US equity indexes might have helped XLE’s rise, which we discussed in the previous part. During this period, the Industrial Select Sector SPDR ETF (XLI) rose 8.2%. XLI was the outperformer among sector-based SPDR ETFs. The Consumer Staples Select Sector SPDR ETF (XLP) rose 2.6%—the lowest gainer among sector-based SPDR ETFs. All of the sector-based SPDR ETFs ended in the green in the seven calendar days to January 10. Next, we’ll discuss the important price level for US crude oil next week. Continue to Next Part Browse this series on Market Realist: * Part 1 - President Trump Might End Oil’s Gain * Part 2 - Wall Street’s Sentiments Boosted Energy ETFs * Part 4 - Where US Crude Oil Might Head Next Week

  • WTI Oil Could Stay above $50
    Market Realist4 months ago

    WTI Oil Could Stay above $50

    Did Trade Talks Impact Oil-Weighted Stocks More than Oil? ## US crude oil above $50 On January 9, US crude oil active futures settled at $52.36 per barrel—5.2% higher than the last closing level because of the US-China trade talks. On the same day, the S&P 500 Index (SPY), the Dow Jones Industrial Average (DIA), and the S&P Mid-Cap 400 (IVOO) rose 0.4%, 0.4%, and 0.9%, respectively. The rise in oil prices might be important for these equity indexes. ## $50 level On January 9, US crude oil prices were 5.7% and 3% below Goldman Sachs and the U.S. Energy Information Administration’s price forecast for 2019. So, oil bulls should be careful with their long position. However, oil’s implied volatility has fallen 20.9% in the trailing week—a positive development for oil prices. US oil production has started to show signs of a slowdown by the second quarter. With OPEC and non-OPEC members’ cut, the current supply scenario will likely change. The Brent-WTI spread moved above $9 on January 9—the highest level since December 19. The rebound in the Brent-WTI spread might signal easing oversupply concerns outside the US. ## Economic slowdown concerns However, concerns about a global economic slowdown could linger around oil prices. On January 9, the US 10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity yield spread was at ~25 basis points— just 11 basis points above its lowest level since August 9, 2007. Investors’ demand for a longer-dated security compared to a shorter-dated security might be one of the reasons behind the contraction in the spread. In the last three decades, when the yield spread turned negative, a recession started the next year. Another contraction in the yield spread might increase the concerns about oil’s demand. Oil is a growth-driven asset, which is another problem for oil prices. Continue to Next Part Browse this series on Market Realist: * Part 2 - Did Trade Talks Impact Oil-Weighted Stocks More than Oil?

  • Will Natural Gas Stay above $3?
    Market Realist4 months ago

    Will Natural Gas Stay above $3?

    On January 8, natural gas February futures rose 0.8% and settled at $2.96 per million British thermal units. Until January 11, on the upside, the closing level of $3.14 could be important. On January 9, at 6:50 AM CST, natural gas prices crossed the $3 level.

  • Oil: Famous Recession Indicator Might Be a Concern
    Market Realist5 months ago

    Oil: Famous Recession Indicator Might Be a Concern

    How Oil-Weighted Stocks Performed Last QuarterRebound in oil prices On January 2, US crude oil active futures settled at $46.54 per barrel—2.5% higher than the last closing level due to short covering.

  • What Might Spook Natural Gas in Early 2019?
    Market Realist5 months ago

    What Might Spook Natural Gas in Early 2019?

    What Might Spook Natural Gas in Early 2019?Natural gas On December 31, natural gas February futures fell 11% and settled at $2.94 per million British thermal units. On January 1, the markets were closed for New Year’s Day.

  • Has Wall Street Boosted Energy ETFs despite Oil’s Weakness?
    Market Realist5 months ago

    Has Wall Street Boosted Energy ETFs despite Oil’s Weakness?

    On December 21–28, US equity indexes ended in the green. Last week, the S&P Mid-Cap 400 (IVOO), the S&P 500 (SPY), and the Dow Jones Industrial Average (DIA) rose 2.9%, 2.7%, and 2.2%, respectively. Energy stocks form ~5.1%, 5.9%, and 5.2%, respectively, of these equity indexes.

  • Is Wall Street Impacting Oil Woes?
    Market Realist5 months ago

    Is Wall Street Impacting Oil Woes?

    On December 20–27, US equity indexes had the following correlations with US crude oil February futures: the S&P Mid-Cap 400 (IVOO): 88.4% the S&P 500 (SPY): 86.5% the Dow Jones Industrial Average (DIA): 86.5%

  • What’s Hindering Natural Gas’s Rise?
    Market Realist5 months ago

    What’s Hindering Natural Gas’s Rise?

    On December 24, natural gas February futures fell 8.7% and settled at $3.42 per million British thermal units. Weather forecasts suggesting warmer weather might have spooked natural gas prices. On December 25, the markets were closed for Christmas.

  • Will the Rebound in Oil Prices Be Short-Lived?
    Market Realist5 months ago

    Will the Rebound in Oil Prices Be Short-Lived?

    On December 26, US crude oil active futures settled at $46.22 per barrel—8.7% higher than the lowest closing level for active US crude oil futures since June 21, 2017.

  • Is Wall Street Pulling Oil Prices?
    Market Realist5 months ago

    Is Wall Street Pulling Oil Prices?

    On December 13–20, US equity indexes had the following correlations with US crude oil January futures: the S&P Mid-Cap 400 (IVOO): -66.6% the S&P 500 (SPY): -54% the Dow Jones Industrial Average (DIA): -45.6%

  • Is $40 Crude Oil Coming?
    Market Realist5 months ago

    Is $40 Crude Oil Coming?

    On December 19, US crude oil active futures settled at $48.17 per barrel—the second-lowest closing level for active US crude oil futures since September 2017 and 20.4% above the psychologically important level of $40.

  • What’s Causing the Large Swings in Natural Gas Prices?
    Market Realist5 months ago

    What’s Causing the Large Swings in Natural Gas Prices?

    On December 18, natural gas January futures rose 8.8% and settled at $3.83 per million British thermal units. According to Reuters, for the next two weeks, Refinitiv analysts have increased the total degree days in the Lower 48 US states to 396 as of December 18 from 387 on December 17.

  • Analyzing the Energy Sector Last Week
    Market Realist5 months ago

    Analyzing the Energy Sector Last Week

    On December 7–14, US equity indexes ended in the red. Last week, the S&P Mid-Cap 400 (IVOO), the S&P 500 (SPY), and the Dow Jones Industrial Average (DIA) fell 2.7%, 1.3%, and 1.2%, respectively. Energy stocks form ~5.1%, 5.9%, and 5.2%, respectively, of these equity indexes.